Some people say they will never sell BTC. Is there any reason for that?

[a298b112]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

[1714621688]

1714621688

[tech30338]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

Its not true if there comes a time where they really need money, and don't have any choice they will sell their bitcoin, its just a matter of how important the situation, like for example hospitalization, or wedding, etc, it will come down how badly he needed money.

[Shishir99]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

They are just lying in front of you in order to show how much they trust Bitcoin. If someone has no plan to sell their Bitcoin, not even after hundreds of years, either it is Satoshi, or they are just lying in front of you. There is no point in buying bitcoin, and holding it for decades, and does not have a plan to sell it. If someone buys Bitcoin and their Bitcoin grows in price, they are not in profit until they sell and cash it out. They are in profit, but it's unrealized gain. They must sell to gain the profit. So, it's just they want to encourage others to hold Bitcoin for a long time. I don't want to blame them for such statement.

[Upgrade00]

What I find more believable is when someone's says they will never completely liquidate their bitcoins. I sell from time to time as the need arises but will never cash out fully and hold zero bitcoins. More than that I will always view Bitcoin as a valid investment and keep some level of capital constantly shored up in it.

They are just lying in front of you in order to show how much they trust Bitcoin. If someone has no plan to sell their Bitcoin, not even after hundreds of years, either it is Satoshi, or they are just lying in front of you.

Some people can buy Bitcoin as a future plans for their children with no plan to sell during their lifetime. This technically passes as never selling your Bitcoin.

[Hewlet]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

If you check well, those are the ones that will sell their Bitcoin off immediately after a little problem hits them.  While it is okay to hold on to your bitcoin for future profit reasons, in the event of unplanned occurrence, you can't close your eyes to the reality and allow yourself go through pains and harsh condition when you have something you can sell off to offset your predicament.

I even feel that accumulating bitcoin is a two angle venture; it could serve the purpose of maximising profit in the future due to increase in it price and also be used as a saving or investment you can rely on in times when uncertainty might set in.

[Helena Yu]

Yep maybe they will never sell BTC instead they will spend BTC since BTC is a currency similar to fiat.

Maybe in the future many countries are accepting Bitcoin as a currency, so people will not hesitant to use their coins.

If they never want to sell BTC and spend BTC, they're just stupid because there's no point to hold a currency without use it.

[Doan9269]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that?

You need to realized that bitcoin is a form of money in digital technology, just as you may wish to hold down your fiat curre for long without spending it for some specific reasons personal to you, you can also decided to hold bitcoin without selling or spending and what you gain after this is profitability, unlike fiat they its currency loose value over time, you can decide to leave your bitcoin as an inheritance for your children and later they amass wealth in it when they sell it out, so it's at someone's discretion to choose what to do with his digital currency.

[Richbased]

Op see so far as investment or trading is concerned, no matter how much one has invested in bitcoin and recorded a lot of profits doesn't mean they ain't gonna sell it like what's the essence of investment? Isn't it to make profit? So how can someone say they won't sell their bitcoin, even if the person doesn't want to sell their bitcoin after making some profit from it I think that will be a higher risk because i feel that despite the volatility of bitcoin, it's future cannot be predicted yet despite making a head way since it was introduced but I feel bitcoin is still very young and requires some more years to be fully recognized as a Legal asset across the globe.

Moreover, hodling a volatile asset like bitcoin for a very long time without exchanging it to fiat or using it to make transactions doesn't make any sense at all as the coin can only be more valued if it is being spent or use it for exchanges.

[Yamifoud]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

Never sell their BTC? I don't believe it otherwise, they don't have a purpose of buying this.
People are investing in Bitcoin for profit, not just holding it forever. Meaning, it is a lie as sooner or later they will sell them, they just wait for the right time.

If you know someone who is buying Bitcoin, try to ask them the reason why and you get the answer. In fact, the price of Bitcoin continues to grow because of active trade -buy and sell demand. Never selling means that we are not helping the market to grow but stopping it.

[cryptoaddictchie]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

Because they chooses not to. But for me, cant say I wont sell or sold my bitcoin, thats one thing Id do but having bitcoin is like a lifetime gunner for your wealth but of course the action should be timely manner like the bitcoin hike happened and it did do some crazy pumped. But no one can really say their gonna hold off forever maybe Satoshi would do for the love of his project.

[jrrsparkles]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

If you take it with literal meaning then what they are doing is investing their money for no reason at all but the term is never meant to be long term if I am not wrong. Because the potential of Bitcoin is way too far ahead and if you are tempted to cash out whenever you seem to feel bullish then you will be the guys who sold their BTC in 2014 and 2017 yet we are here at 2023 and one who sold at that period they thought they made huge profits which are true but if they are looking from today's perspective they missed it.

[Taskford]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

Its easy to say that but actually hard to do especially if things will not go on our side and the value will decrease more due to unwanted market scenarios. But most of the time this statement will come out from people when there's good thing happened like this speculated event to come like halving. People usually hold their bitcoins for that reason so provably they would provably hold until next year for thinking that they can earn huge from its upper growth activity that could possibly happen in future.

Maybe other reason is they believe on bitcoins future but its hard to find those people hold for long term without any worry since most of people I meet is trading bitcoin for short term because they are afraid on its sudden market changes.

[Zaguru12]

I would say it is you actually quoting them wrong, once someone said he is not spending any thing monetary then just get it that he or she is holding it for long and as long as there it remains spendable then a time will come when he will definitely need to spend it or his family will spend it on his behalf.
We have such statements before mostly by parents keeping the funds as inheritance for his offspring so there is I am not the one that will spend it, this doesn’t mean that the money or bitcoin in question will not be spend but he will try his best that it is not done by him. This is one of the reason why we have people time locking their bitcoin to a certain period of time. But logically the bitcoin will certainly be spent except the keys Or seeds are lost and not found for ever

[Razmirraz]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.

Life is a choice, you can choose to keep Bitcoin forever or sell it whenever you want. I feel skeptical if someone says they will never sell their BTC, it seems to me that these words are just words that never come true. Bitcoin has a high price, maybe in the future the price will be even higher. It is impossible for those who own Bitcoin to never sell it, especially when the selling value is calculated, they will get a large amount of money. In my opinion, these words apply when the price of Bitcoin is cheap, when the price has reached its highest point, they will sell it and will wait until the price is cheap again to buy again.

[SOKO-DEKE]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

This type of person who says they would never sell bitcoin is not someone I have ever met, but I do often speak with investors who say they want to hold onto their money for a while and aren't ready to immediately sell it off. because they believe long term holding will bring them more profit than holding for a short period of time. and that is my plan too. I believe individuals who say they will never sell bitcoin are lying, though. I don't even think they're real. If not, what would be the purpose of their Bitcoin investment if they had no intention of using it in the future?

[Zlantann]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.  

Individuals could see Bitcoin as a precious asset that can be transferred from one generation to another, so they can decide to keep it for a longer period. I have read about families that own some amount of precious stones which they inherited from ancestors. These assets may be kept for days of uncertainties or emergencies. Nations also keep assets like gold in the national central bank as Reserves. These countries have held these precious stones for a very long time with no intention of selling them. People could also keep Bitcoin as Reserves or as backup for emergencies.

But most Bitcoiners who have held the coin for a long time usually have investment plans. They sell some of the investment at targeted prices and also refill their hodling when the price goes down. Some hodlers also sell to take care of their needs from time to time. Keeping or selling coins depends on the choice of every individual.

[$crypto$]

Why they never sell for the reason that they want to keep more than 10 years, maybe they can hold on but many definitions say 'will not sell' means they will hold on longer.

Or don't want to keep their assets in fiat form they just want bitcoin and never sell in the sense that not the entire ownership will be sold, maybe when they need it they will sell it.

I will not sell now because I want to make a bigger profit so I will continue to hold it, if it feels like the time is right, I will definitely sell some of the bitcoins I have.

[michellee]

They can have such desires and that is the choice they make. Owning Bitcoin is our choice and selling or not selling it is our choice. If they still don't sell Bitcoin even when the Bitcoin price hits a new ATH, that's fine too. Maybe they still want to hold Bitcoin for the next few years.

Nobody forces you to sell your Bitcoin. Everything depends on your decision. Don't follow what other people say if you don't know the purpose. You must determine your own stance based on your research.

But even though they say they will not sell their Bitcoin, we also don't know whether they will still hold their Bitcoin when the price reaches its new ATH peak. If it were me, I would sell some Bitcoins and hold the rest. Who knows, the price of Bitcoin could still rise even higher.

[pawanjain]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

There are two reasons why people say this.

1. Out of emotions - they get too excited about holding bitcoin and say that they will never sell it because they are emotionally attached to their coins but at some point of time they do sell due to their circumstances.

2. To pass on to their children - some people want their children to inherit their coins and hence say that they will never sell their coins.

[CryptopreneurBrainboss]

So, time to time, I see some people saying they will never sell BTC. And I am thinking why is that? (I mean I understand that you can't say never, there will be a time you will have to use your BTC). Anyway, is there any calculations, reasoning behind this? Or it is just pure maximalism?

If there are reasons I would like to discuss them.   

From what I understand by "never selling" it means not taking profits at the top to buy back at the bottom as many people advise here and outside the forum. They're hodling for the future and not interested in the short profits people make with each Bitcoin cycle. We can never hodl forever unless we have well paying jobs that can take care of all our needs and wants that we won't have a need of the profits that we would have made from Bitcoin and even though, at a point we'll take some profits but the frequent selling to rebuy won't be done. Even pure maximalist also sell Bitcoin when they're in need of cash.

People are investing in Bitcoin for many reasons and some of them is to secure their wealth, this set of people's don't have to sell whenever there's any corrections in the market and they can are the set of people that'll live by their word of never selling Bitcoin as they keep using it as a store of value. We also have those that are investing in Bitcoin for generationally purpose (generational wealth that they'll pass down to their heirs). This set of people will also live by their words that they'll never sell but for the rest of investors buying Bitcoin for capital gains, they'll sell at some point in the future so their hodling won't be forever and there's nothing wrong with that.

The whole phrase of "never selling" for most investors is associated with their emotion as they don't mean it because a majority are selling and that's why we keep seeing Bitcoin taking a dip as if there was no selling pressure ongoing, Bitcoin should have been holdings strong and not getting dump.